News

The Nigerian currency, the naira, has continued its rally against the dollar into the weekend and Sallah holidays.
The naira has risen to a 20-day high in the Nigerian Foreign Exchange Market, appreciating to N1,564 per dollar on Wednesday, ...
The currency fell by about 30% down to 280 naira per dollar that day ... And the best way to see this is to look at a chart. In a note to clients, John Ashbourne, Africa economist at Capital ...
Here is the chart showing the naira's move, which sent the dollar soaring: In the short-term, the move was expected to be painful, but a 30% fall is probably a bigger move downwards than had been ...
Inexplicably, increasing dollar reserves, and extended payments cover for our imports, continued to foster weaker Naira exchange rates, such that one is forced to wonder if less reserves would ...
The naira on Thursday continued its downward trend against the United States dollar, depreciating to N1,309/$ at the official market and N1,420 at the parallel market. The new rate which indicates ...
The Naira recorded its first appreciation against the Dollar at the parallel foreign exchange market since the commencement of this week. This is the case as a Bureau de Change operator in Wuse ...
Foreign exchange black market for Nigeria dey currently experience increase for dollar to naira. Di dollar hike bin start afta oil price crash to 30 dollars per barrel on Monday, 9 March - one of ...
The naira appreciated against the dollar at the foreign exchange market upon resumption of business after the New Year holiday. FMDQ data showed that the naira strengthened to N1,538.23 per dollar ...